Hypercharge Signs Definitive Agreement to Acquire REVS Charging for US Expansion

Key Facts

1Hypercharge signed a definitive agreement to acquire 100% of the equity interests in Texas-based REVS Charging LLC.

2The transaction is expected to close on October 1, 2026, subject to customary closing conditions and TSX Venture Exchange approval.

Hypercharge signed a definitive agreement to acquire 100% of the equity interests in Texas-based REVS Charging LLC. GlobeNewswire reported that the acquisition aims to establish a strategic operating presence within the United States market and expand Hypercharge's charging and services revenue.

The transaction is expected to close on October 1, 2026, subject to customary closing conditions and approval from the TSX Venture Exchange. The move is intended to strengthen the company's portfolio of owned and operated electric vehicle charging infrastructure while increasing its recurring services and subscription revenue.